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Global tech giant Google plans to establish a new office in Pune enabling it to employ cloud product engineering, technical support, and global delivery centre teams in the second half of 2022. This is a significant real estate deal and an important development for Pune real estate.

The HDFC Capital Affordable Real Estate Fund-3 (H-CARE-3) is one of the largest funds formed in India to invest in residential real estate, with investors pledging more than USD 1.22 billion toward the first closing of the first tranche.

The City and Industrial Development Corporation (CIDCO) has begun construction on a 5,730-unit mass housing development in Navi Mumbai's Taloja node, an official said recently.

National Standard India's shares, which are controlled by the Lodha Group, plummeted 5% on 27th January 2022, the day's lowest price. This was because the company was going to merge with the Lodha Group's main business, Macrotech Developers.

Embassy Office Parks REIT Acquires ROFO (Right of First Offer) For a Property in Chennai

It is definitely not a secret that the real estate industry in India has gone through a lot of stress in the recent past and is still in the midst of a recovery. It does require all the support that it can and this budget could be a turning point.

How will the Juhu real estate market get affected with AAI reintroducing height restrictions and the stalling of redevelopment of certain Buildings Near Juhu Airport?

The Yamuna Expressway Authority's residential plot programme, announced in December last year near the impending Jewar airport, concluded on January 24 after receiving more than 30 times the response.

In the three months ending December 2021, Macrotech Developers recorded a 24% rise in consolidated net profit to Rs 286.38 crore. According to a regulatory filing, the real estate development company's net profit in the prior year was Rs 231.71 crore.

Indian Real estate looks set to revive in 2022. In the last year of 2021, institutional investors in real estate have pumped in close to a total amount of USD 4 billion. It's down 17% year over year, but capital inflows in Indian real estate overall are up across major asset classes and regions.

Lodha Group, one of India' leading real estate developer, recently stated that it secured pre-sales of Rs. 4500 crore in the October-December quarter of 2021, including Rs. 2,608 crore from projects in India and £191 million or Rs. 1900 crore from projects in the United Kingdom.

Google has paid USD1 billion for a colorful office space in London while it waits for construction of its long-delayed U.K. headquarters to be completed.

This is surely good news for commercial real estate in India. According to prominent real estate companies, office gross absorption in India's top six cities was over 33 million square feet, a 10% increase over 2020.

According to recent real estate reports, the US technology company Hewlett Packard has leased around 1.8 lakh square feet of office space in Chennai in order to consolidate and grow its operations in the South Indian metropolis.

Ajmera Realty luanches a New Real Estate Project in Wadala Mumbai. This will surely boost the overall real estate market in Wadala and surrounding areas.